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Listing 2 out of 2,439
$1,250,000 For Sale

1418 Newton Street NW
Washington, DC 20010

Multi Family Home
1742 sq ft - MLS# DCDC402678
Property Photo
1/16

Description

SUPERB LOCATION!!! Investors dream!!!! 3 unit apartment building featuring 2 one bedroom apartments and 1 two bedroom duplex. The building has been updated and has a great rental income. The property rents immediately upon advertising it due to its excellent location and accessibility to Downtown, Major transportation routes , Rock creek parkway. Located 2 blocks away from the Columbia heights metro and one block from the shopping area of Columbia heights including, target, safeway, best buy, restaurants, shops, banks, gym, dry cleaners, entertainment and everything needed. Within walking distance to U st and the popular 14th st area where all the heavily frequented restaurants and bars are. The property is fully licensed to operate as a 3 unit rental and is ready to go for the next owner, property is not under rent control. Tenants have already given a move out notice so the property can be sold vacant. Excellent opportunity for developers since the property zoning is R4 which is very rare in this area due to zoning law changes ( not many R4s in this area). Opportunity for investors to expand the property. Property has been remodeled and collects high rents since its rent control exempt. The property has two parking spaces which create additional revenue that convey with the sale of the property. Parking is highly sought in this area.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Washington County
  • Zip Code: 20010
  • Year Built: 1920
  • School District: District Of Columbia Public Schools
  • Sq.Ft.: 2,908 sq ft
  • Bedrooms: 4
  • Full Baths: 3
  • Basement: Yes, Fully Finished, Rear Entrance
  • Lot Size: 1742 sq ft
  • Accessibility: 2+ Access Exits
  • Baths: 3
  • Zoning: R4
  • Above Grade Fin SQFT: 1,946
  • Above Grade Fin SQFT Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Fin SQFT: 770
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Below Grade Unfin Area Units: Square Feet
  • Below Grade Unfin SQFT: 192
  • Below Grade Unfin SQFT Source: Assessor
  • Building Total SQFT: 2,908
  • Building Units Total: 3
  • Central Air Y/N: Yes
  • Construction Materials: Brick, Other
  • Cooling: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Window Unit(s)
  • Directions: excellent location- next to 14th st. and 16th st. few blocks from rock creek parkway. 10 minutes away from downtown. 2 blocks away from Columbia Heights metro.
  • Electric Service: Circuit Breakers
  • Flooring Type: Carpet, Hardwood, Marble, Tile/Brick, Wood
  • Heating: Natural Gas
  • Heating Type: Radiator, Other
  • Heating Y/N: Yes
  • Hot Water: 60+ Gallon Tank
  • Improvements: Above Grade, Below Grade
  • Income Includes: Parking
  • Insurance Expense: 100.00
  • Lot SQFT: 1,646
  • Lot Size Source: Owner
  • Lot Size Units: Square Feet
  • Number Of Units Month To Month: 1
  • Number Of Units Vacant: 1
  • One Bedroom Units Count: 2
  • Other Units: Unit 1, Unit 2, Unit 3
  • Ownership Interest: Fee Simple
  • Parking Features: Brick Driveway, Concrete Driveway, Parking Space Conveys
  • Photo Option: Lister Will Upload All
  • Pool Expense: 100.00
  • Property Condition: As-is Condition
  • SchoolDistrictSource: Listing Agent
  • Security Features: Intercom, Main Entrance Lock
  • Sewer Septic: Public Sewer, Other
  • Tax Annual Amount: 6180.0
  • Tax Total Finished SQFT: 2,716
  • Tax Year: 2018
  • Total Below Grade SQFT: 962
  • Total Below Grade SQFT Source: Assessor
  • Total Finished SQFT: 2,716
  • Total Finished SQFT Source: Assessor
  • Total SQFT Source: Assessor
  • Two Bedroom Units Count: 1
  • Type Of Parking: Off Street, Parking Lot, Other
  • Utilities: Cable TV, DSL Available, Fiber Optics Available, Phone Available
  • Wall & Ceiling Types: 9'+ Ceilings
  • Water Source: Public
  • Year Built Source: Owner
Courtesy of Xrealty.net Llc

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Brian Block, Managing Broker/Realtor®
RE/MAX Allegiance

5100 Leesburg Pike, Suite 200
Alexandria, VA 22302
703-626-0715
brian@brianblock.com

Serving Northern Virginia
& Washington D.C.

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